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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Claxton, GA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Claxton, GA Housing Market Trends

With 2,501 people, 968 houses or apartments, and a median cost of homes of $166,587, house prices in Claxton are solidly below the national average.

Single-family detached homes are the single most common housing type in Claxton, accounting for 75.55% of the city's housing units. Other types of housing that are prevalent in Claxton include duplexes, homes converted to apartments or other small apartment buildings ( 12.35%), large apartment complexes or high rise apartments ( 10.14%), and a few mobile homes or trailers ( 1.55%).

The most prevalent building size and type in Claxton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 46.35% owning and 53.65% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Claxton's housing was primarily built during this period, from the '40s through the '60s. A full 45.63% of the city's housing hails from this era. Other housing ages represented in Claxton include homes built between 1970-1999 ( 34.59%) and housing constructed before 1939 ( 13.74%). There's also some housing in Claxton built between 2000 and later ( 6.05%).

Vacant housing appears to be an issue in Claxton. Fully 20.85% of the housing stock is classified as vacant. Left unchecked, vacant Claxton homes and apartments can be a drag on the real estate market, holding Claxton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Claxton Home Appreciation Rates

Appreciation rates for homes in Claxton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.07%, which ranks in the top 30% nationwide. This equates to an annual average Claxton house appreciation rate of 7.23%.

Appreciation rates are so strong in Claxton that despite a nationwide downturn in the housing market, Claxton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Claxton appreciation rates continue to be some of the highest in America, at 6.97%, which is higher than appreciation rates in 74.31% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Claxton. Claxton appreciation rates in the latest quarter were at 1.22%, which equates to an annual appreciation rate of 4.98%.

Relative to Georgia, our data show that Claxton's latest annual appreciation rate is higher than 60% of the other cities and towns in Georgia.

Average Home Values

Median Home Value

$166,587

Claxton, GA Home Prices
> $1,343,000
$1,007,001 - $1,343,000
$671,001 - $1,007,000
$537,001 - $671,000
$403,001 - $537,000
$269,001 - $403,000
$134,001 - $269,000
$67,001 - $134,000
$0 - $67,000
0.0%
0.0%
0.2%
0.2%
1.0%
1.0%
5.7%
5.7%
7.8%
7.8%
12.1%
12.1%
35.8%
35.8%
26.2%
26.2%
11.2%
11.2%
0% 100.0%
% of Homes
Low

for Georgia

Low

for nation

Number of Homes And Apartments:

968

Claxton Appreciation Rates

Rent & Ownership

Average Market Rent:

$973 / per month

Homeownership Rate

Owners
Renters
46.4%
46.4%
53.6%
53.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
20.9%
20.9%
79.1%
79.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
6.1%
6.1%
34.6%
34.6%
45.6%
45.6%
13.7%
13.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
75.6%
75.6%
0.4%
0.4%
12.3%
12.3%
10.1%
10.1%
1.6%
1.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.9%
2.9%
8.2%
8.2%
36.4%
36.4%
40.5%
40.5%
12.0%
12.0%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Claxton

Zip Codes in Claxton, GA